Redknee Solutions said it has established pricing and terms with an acquired APAC Tier-1 service provider for its real-time rating and charging solution.
The deal is for a three-year term over which the customer estimates that it will purchase products and services resulting in aggregate revenues of $50 million to Redknee.
Also, an acquired customer in EMEA has renewed a contract for over $5 million dollars.
This contract renewal is part of the mobile operator’s strategy to strengthen its market-leading position and support its customer base of more than 17 million subscribers by leveraging Redknee’s converged charging solution.